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Deutsche Bank Shares Soar as Profit Beats Forecasts

Deutsche Bank Shares Soar as Profit Beats Forecasts

Deutsche Bank said second-quarter profit and revenue would come in above analysts’ forecasts, a boost for the German bank’s new chief executive as he seeks to revive the lender’s fortunes.

Published 4 weeks ago

China Cozies Up to EU as Trade Spat With U.S. Escalates

China Cozies Up to EU as Trade Spat With U.S. Escalates

China courted the European Union as an ally in its trade conflict with the U.S., offering to improve access for foreign companies and work with the EU on reforming the WTO.

Published 4 weeks ago

Bank of America profits jump as revenue falls less than feared

Bank of America profits jump as revenue falls less than feared

Lender’s consumer business strong, helped by deposit growth and higher interest rates

Published 1 second ago

Brussels warns Airbnb over consumer rights

Brussels warns Airbnb over consumer rights

European Commission says platform needs to be more transparent about its fees

Published 1 second ago

Bank of America Profits Rise 33%

Bank of America Profits Rise 33%

Bank of America reported higher earnings Monday as U.S. interest rates’ upward climb helped the lender’s results.

Published 4 weeks ago

The Trump Doctrine — coherent, radical and wrong

The Trump Doctrine — coherent, radical and wrong

The US president’s worldview puts economics ahead of ideals and values

Published 1 second ago

BlackRock assets dip on strengthening US dollar

BlackRock assets dip on strengthening US dollar

Group has targeted growth outside its home market

Published 1 second ago

Theresa May rules out second Brexit referendum

Theresa May rules out second Brexit referendum

UK prime minister says there will not be a new vote under ‘any circumstances’

Published 1 second ago

China Cozies Up to EU as Trade Spat With U.S. Escalates

China Cozies Up to EU as Trade Spat With U.S. Escalates

China courted the European Union as an ally in its trade conflict with the U.S., offering to improve access for foreign companies and work with the EU on reforming the WTO.

Published 4 weeks ago

Trump Blames U.S. for Poor Relations With Moscow

Trump Blames U.S. for Poor Relations With Moscow

President Donald Trump blamed the U.S. for the state of its relationship with Moscow that he said had “NEVER been worse,” raising the question of how hard he intends to press Russian President Vladimir Putin during their meeting.

Published 4 weeks ago

What to Watch For in Bank of America Results

What to Watch For in Bank of America Results

Here’s what to look for when the second-largest U.S. bank by assets reports second-quarter results Monday.

Published 4 weeks ago

Big Banks Reshape Lobbying Game

Big Banks Reshape Lobbying Game

Large banks are revamping their lobbying approach as Trump-appointed regulators set out to ease rules put in place after the financial crisis.

Published 4 weeks ago

Inside Israel’s Raid to Seize Nuclear Documents in Iran

Inside Israel’s Raid to Seize Nuclear Documents in Iran

Israeli agents covertly extracted documents detailing Iran’s nuclear program in a dramatic 6½-hour operation in Tehran in January, removing a trove that included partial designs for a nuclear warhead, Israeli officials said.

Published 4 weeks ago

Miners Test Greener Ways to Dig

Miners Test Greener Ways to Dig

Miners have long seen investing in technology as a way to protect profits during swings in the global economy, but a new force for change has recently emerged: Some companies like Apple see a marketing advantage in ensuring their products are cleaner and greener than before.

Published 4 weeks ago

As Farnborough Airshow Opens, Space Agencies Put Collaboration on Display

As Farnborough Airshow Opens, Space Agencies Put Collaboration on Display

From promoting space tourism to proposing new launch sites to setting up assembly lines to churn out small satellites, company and government space officials from the U.S. and Europe are pursuing intercontinental collaboration.

Published 4 weeks ago